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U.S. Supreme Court

Jan. 11, 2011

High Court to Hear Halliburton Case

The U.S. Supreme Court agreed Friday to decide whether Halliburton Co. shareholders can move forward with a class action lawsuit against the company for alleged securities fraud.


By Robert Iafolla


Daily Journal Staff Writer


WASHINGTON - The U.S. Supreme Court agreed Friday to decide whether Halliburton Co. shareholders can move forward with a class action against the company for alleged securities fraud.


The shareholders claim the government-contracting giant misled them about its financial health from 1999 to 2001, particularly about liability in asbestos claims, the chance of collecting on contracts and the benefits...

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